The National Broadcasting Commission (NBC) Chairman Dr Ishaq Modibbo Kawu and two others were recently arraigned before Justice Folashade Giwa-Ogunbanjo of the Federal High Court, Abuja for the N2.5billion fraud charge preferred against them. The others are Pinnacle Communications Limited (PCL) Chairman Lucky Omoluwa and the Chief Operating Officer Dipo Onifade. They were accused of…
The current predicament of Wale Tinubu, the controversial Group Chief Executive Officer (GCEO) of Oando PLC by the Securities and Exchange Commission (SEC), has only portrayed the popular parlance of ‘everyday for the thief, one day for the owner.’ On Friday, the SEC announced the dismissal of Wale Tinubu and other directors of Oando over…
The Economist reviewed the first term of President Muhammadu Buhari and concluded that Nigerians became poorer during his first four years in office. The magazine, in the publication, which was posted on its website on Thursday, said while the Nigerian economy was “stuck like a stranded truck,” average incomes fell during the four-year period covering…
Worried by the increasing rate of the unbanked population, the Federal Government, through the Central Bank of Nigeria (CBN), kicked off a campaign in 2012 to achieve 80 per cent financial inclusion of adult population by 2020. The CBN carried out the campaign through agency banking, mobile banking/mobile payments, linkage models and client empowerment, to…
An official steward to Borno State governor, Kashim Shettima, has allegedly committed suicide at the Government House, Maiduguri. The steward, identified as John Achagwa, allegedly hanged himself on a Neem (Dongoyaro) tree at the back of the Presidential Lodge, Government House, yesterday afternoon. It is not clear why the man decided to take his life,…
Still basking in the euphoria of his recent successful launch and public presentation of his latest 3-cut album in Nigeria, ace Highlife Saxy Juju crooner, Yinka Best is set for a re-enactment of this much touted success story in the United Kingdom. Billed for June 7, 2019, Best recently disclosed that all is set for…
When Muslims all over the world celebrate Eid-Fitr, next week, their counterparts in Daura, Katsina State, the birth place of President Muhammadu Buhari, will not be part of the celebrations. This came as Northern Governors, yesterday, met behind closed doors with President Muhammadu Buhari at the Presidential villa, Abuja, where they lamented that banditry and…
As the country marks the 2019 Children’s Day, leading Nigerian Bank, Guaranty Trust Bank Plc (GTBank) has launched a nationwide initiative, tagged #BeatTheDistance, to improve educational outcomes for children in rural communities by easing the difficulties they face with mobility to school and back. Through the initiative, the Bank is providing students in remote parts…
When is a bank not a bank? Tha question Segun Agbaje, the multiple award-winning CEO and Managing Director of Nigeria’s Guaranty Trust Bank (GTBank) has been getting to grips with as he forges a new path for banking in Africa. Agbaje was always destined to become a banker, it seems, although he took a circuitous route. Initially, he…
President Muhammadu Buhari’s wife, Aisha, has rubbished the N500bn Social Investment Programme of her husband’s administration, saying that it failed “woefully” in the North in particular. Aisha, who hails from Adamawa State, said the situation in her home state, as far as the implementation was concerned, was pathetic. She also cited Kano, a highly-populated northern…
